Turkey Hikes Interest Rate to 40% to Curb Double-Digit Inflation | Vantage with Palki Sharma Turkey’s central bank has surprised the market with a larger-than-expected interest hike. It has raised interest rates as it ramped up its fight against inflation and efforts to support the slumping lira. Is this a u-turn on Erdoganomics? Is Erdogan abandoning his low-interest rate policy to finally save the economy? Palki Sharma tells you.
Turkey Hikes Interest Rate to 40% to Curb Double-Digit Inflation – Palki Sharma / FIRSTPOST
